Rules of Conduct That Guide Actions in the Marketplace Are

question 71

Multiple Choice

Rules of conduct that guide actions in the marketplace are called ________.

• A) social obligation
• B) social responsibility
• C) business ethics
• D) social awareness

Distinguish between instrumental and terminal values and their relevance in a business setting.

Define what comprises corporate governance and what does not.

Comprehend the role of stakeholder influence and corporate governance in maintaining ethical standards.

Understand the role and impact of productivity standards on organizational efficiency.

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Definitions:

Egoentric Experience

A perspective where an individual interprets the world solely from their own viewpoint, often neglecting the perspectives of others.

Objectified Others

The perception of other people as objects or instruments for one's own purposes, rather than as individuals with their own autonomy.

I-Thou Relationships

A philosophical concept describing relationships that are based on mutual respect, openness, and genuine dialogue, as opposed to viewing others as objects.

Here-And-Now

A focus in therapy that emphasizes awareness of the current moment, feelings, and thoughts without dwelling on the past or future.